The glass ceiling has not yet shattered for women in the boardroom
ceiling in the corporate world is not broken, but it is starting to crack. Women are getting on to corporate boards at greater speed, and in greater numbers.
Britain has seen a clear advance; a campaign there called the 30% club has managed to increase the share of female directors of100 companies from 12.5% in 2010 to 30.6%. But as the world marks International Women’s Day on March 8th, it is clear that the glass ceiling has not shattered.Academy of Management Journal
In any case, a rise in the number of female directors is a narrow measure of female economic success. Having women at the top of organisations may inspire others to emulate them, and board members may be able push through more female-friendly policies lower down in their organisations. But the vast majority of women would never expect to become directors. What they value is an opportunity to get a well-paid job and to be free from discrimination while doing it.
The result is that poorly paid women have few resources to fall back on. In addition, social programmes are much less generous in developing economies than they are in the rich world, absorbing 17.7% ofin Europe and 10.7% in America, but only 9.7% in Latin America and just 1.4% in South-East Asia. Without the cushion of a benefit system, working women in the developing world probably must endure more bullying and harassment at work, for fear of losing their jobs.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chick-fil-A's fried fish sandwich is returning to menus for LentChick-fil-A's fried fish sandwich is returning to menus for Lent 2019.
Read more »
‘A woman needs fries now and then’: Step inside the lives of 8 everyday women - The LilyIn honor of International Women’s Day on March 8, we’re highlighting women whose triumphs, trials and insights often go unseen
Read more »
Creating Happiness: Small Acts, Big ImpactIn the service moment, the governing philosophical rule is “purpose overrules task.” It is OK to be off-task if you are on-purpose.
Read more »
The Problem for Small-Town Banks: People Want High-Tech ServicesConsumers have moved to larger lenders offering online transactions, which means they don’t necessarily need a local branch; community lenders left behind struggle
Read more »
Opinion | Senate Republicans: Cheap dates and small menOpinion: Senate Republicans lack courage, but also ambition
Read more »
Three small bombs sent to London airports, rail station: policeBritish counter-terrorist police said they had launched an investigation into wh...
Read more »
Square Capital head: Leveraging data to extend credit to small businesses that lack access to loansJim Cramer sits down with Jackie Reses, the head of Square Inc.'s Square Capital, to discuss how the lending arm is helping businesses that have trouble getting traditional loans.
Read more »